Tax relief is available to UK taxpayers donating shares and securities listed on the UK stock market, the Alternative Investment Market and recognised stock exchanges overseas. It is also available for units in a UK unit trust and shares in a UK open-ended investment company. You can claim income tax relief equal to the market value of the shares on the day the gift is made, plus any associated costs such as the brokers’ fees.
Gifts of land or property made during a donor’s lifetime attract the same tax incentives as gifts of shares, and other forms of a non-cash gift (such as works of art, books, manuscripts and equipment) may also be considered as gifts to Chabad of Cambridge. To find out more, please email us early in the process so that we can work with your financial advisers to help arrange the transaction.